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May 7, 20122011 showed signs of a potential commercial real estate sector recovery, but industry professionals are pointing to tightening lending standards as a hindrance to that recovery, particularly with smaller commercial businesses.
Market recovery hindered by lending conditions
According to the National Association of Realtors’ (NAR) annual Commercial Real Estate Lending Survey, commercial markets showed signs of recovery in 2011, but commercial lending standards have tightened in the past year for small businesses, which NAR has said “scuttled a major portion of contracted transactions for smaller properties.”
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